Georgia car insurance requirements

The American state of Georgia requires all drivers who own vehicles to carry auto Liability Insurance which covers the cost of Bodily Injury to others in addition to Property Damage to others caused by an at-fault accident. The state of Georgia requires Liability Insurance limits of $25,000 for Bodily Injury for injury or death of one person, $50,000 Bodily Injury for injury or death to more than one person, and $25,000 for Property Damage. Although Liability Insurance is the only coverage that is required by law, Uninsured Motorist coverage provides protection against drivers who do not have any auto insurance at all. Uninsured Motorist Bodily Injury and Uninsured Property Damage coverage provides protection against drivers who do not have any auto insurance at all. Uninsured Motorist Bodily Injury and Uninsured Property Damage coverage would protect a driver if he or she is injured and/or sustains Property Damage by an uninsured motorist.
The Difference Between Added-On Uninsured Motorist & Reduced Uninsured Motorist
In 2008, the Georgia General Assembly passed a law giving consumers an additional option for Uninsured Motorist coverage. Added-On Uninsured Motorist was introduced to give the policy owner additional coverage if he or she was involved in a not-at-fault accident with a driver who did not have enough coverage to cover his or her injuries. Added-On, or Stacked Uninsured Motorist, allows the not-at-fault driver to possibly receive compensation from the at-fault driver’s Liability coverage as well as be compensated under his or her Added on Uninsured Motorist coverage. For example, if the at-fault party had the minimum Liability Bodily Injury limits of $25,000 per person, and the not-at-fault driver had Uninsured Motorist Bodily Injury of $50,000 per person, the not-at-fault driver could possibly receive $25,000 from the at-fault driver’s insurance company and an additional $50,000 from his or her own insurance company under the Added-on Uninsured Motorist coverage for a total of $75,000. In the same scenario, under Reduced Uninsured Motorist, the not at fault driver would be able to collect $25,000 from the at-fault driver’s insurance company and only an additional $25,000 from his or her own insurance company under the Reduced Uninsured Motorist coverage for a total of $50,000.
Georgia’s Auto Insurance Database
When a new auto insurance policy is purchased, the insurance company is required to electronically download the driver’s insurance information to the Georgia Electronic Insurance Compliance System (GEICS) within thirty (30) days of the inception of the policy. The electronic transmission on the Vehicle Identification Number (VIN) sent by the auto insurance company must match the VIN on the Georgia Department of Revenue Tag & Title database.If auto insurance information is not received within thirty (30) days, the state will suspend a driver’s registration. In order for a motorist to have their registration reinstated, a lapse fee of $25 and a $60 reinstatement fee must be paid. In order to register or renew a vehicle’s registration, proof of coverage must be on file with the Georgia Department of Revenue. The registered vehicle owner can check the status of his auto insurance by visiting the Department’s website and entering in their VIN.
Penalty For No Auto Insurance
The penalty for the first offense for driving without insurance in Georgia is a 60-day driver’s license suspension and a $200 fine. The penalty for two or more offenses is a 90-day driver’s license suspension and a $300 fine. In addition, an SR-22 insurance policy is required to be maintained for three (3) years after the conviction date. An SR-22 Filing would be required in order to reinstate a suspended driver’s license.
Also See
*Georgia Electronic Insurance Compliance System
*Georgia Assembly
*Georgia Department of Revenue
*Insurance Commissioner

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